Analysis

Brexit: PM May is doomed, but the Pound might be safe for now

The UK has inflation steady just below 2.0%, solid wages' growth, upbeat retail sales, and a not-that-dovish BoE, yet at the end of the day, nothing really matters. Brexit dominated trading, with the Pound moving sharply on each and every political headline that comes out from London or Brussels. Our chief analysts Yohay Elam and Valeria Bednarik discuss the scenarios, with the most likely scenarios for the main actors and more importantly, the Pound and other currencies.

 

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